Zalando (ZAL) Given a €35.00 Price Target by Goldman Sachs Group Analysts

Zalando (FRA:ZAL) received a €35.00 ($40.70) price target from analysts at Goldman Sachs Group in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential downside of 15.66% from the stock’s current price.

ZAL has been the subject of a number of other reports. Hauck & Aufhaeuser set a €43.00 ($50.00) price objective on shares of Zalando and gave the company a “buy” rating in a research note on Monday, February 18th. Baader Bank set a €38.00 ($44.19) price objective on shares of Zalando and gave the company a “buy” rating in a research note on Thursday, February 28th. Barclays set a €45.00 ($52.33) price objective on shares of Zalando and gave the company a “buy” rating in a research note on Thursday, February 28th. Independent Research set a €26.00 ($30.23) price objective on shares of Zalando and gave the company a “neutral” rating in a research note on Tuesday, December 25th. Finally, Credit Suisse Group set a €37.00 ($43.02) price objective on shares of Zalando and gave the company a “buy” rating in a research note on Wednesday, February 27th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. Zalando currently has an average rating of “Hold” and a consensus price target of €35.25 ($40.99).

Zalando stock opened at €41.50 ($48.26) on Tuesday. Zalando has a 1-year low of €36.33 ($42.24) and a 1-year high of €49.86 ($57.98).



Zalando Company Profile

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

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Analyst Recommendations for Zalando (FRA:ZAL)

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